The top eight funds on the losers list were Quant Mutual Fund. Quant ELSS Tax Saver Fund lost 1.08% in the past month. Quant Value Fund lost around 1.03% in the said period. Quant Large Cap Fund and Quantitative Mid-Cap Fund It lost 0.97% and 0.91% respectively.
The Quant Flexi Cap Fund and the Quant Focused Fund lost around 0.89% and 0.84% ​​respectively. The other two Quant funds (the Quant Active Fund and the Quant Large & Mid Cap Fund) posted negative returns of around 0.63% and 0.62% respectively over the same period.
Read also | Pharmaceutical and healthcare mutual funds top the charts in August, delivering a 5% return
The other eight schemes on the list belonged to the categories of flexicap, ELSS, largecap, midcap, smallcap and value funds. Kotak Flexicap Fund lost 0.57%. Kotak ELSS Tax Saver Fund returned negative 0.26%.
Only one small-cap fund on the losers list, Aditya Birla SL Small Cap Fund, lost around 0.15% in the last month.
Please note that the performance mentioned above is for equity categories like Large Cap, Mid Cap, Large & Mid Cap, Flexible Cap, Focused Funds, ELSS, Small Cap, Value Funds and Contra Funds.
Quantitative mutual fund
Quant Mutual Fund manages 27 mutual funds that include debt and equity. The top four performing funds according to the fund manager were from sector and thematic fund categories. Quant Healthcare Fund, the top performer for the fund manager, returned 6.32%. Quant Business Cycle Fund and Quant Commodities Fund returned 3.28% and 3.21% respectively over the past month. Quant Manufacturing Fund returned 1.88% over the same period.
Read also | Energy sector investment funds offer a return of 56% in one year. Did you miss the boom?
Quantitative small cap fundQuant Mutual Fund, the largest fund managed by assets, returned 1.50% over the past month. Quant Gilt Fund and Quant Liquid Plan returned 0.80% and 0.56% respectively over the period.
The biggest loser was Quant Infrastructure Fund, which lost 3.51%, followed by Quant Absolute Fund, which returned 1.62% over the past month. Quant Quantamental Fund and Quant PSU Fund lost 1.51% and 1.27% respectively over the same period.
Quant Consumption Fund and Quant BFSI Fund posted negative returns of around 1.15% and 1.10% respectively in the last one-month period.
Please note that to analyse the performance of Quant Mutual Fund, we consider equity, debt and hybrid schemes managed by fund houses.
Investment or redemption decisions should not be taken based on the previous exercise. The exercise was conducted to find out which schemes gave negative returns in the last month. Investment decisions should always be taken based on the investment horizon, risk appetite and objectives.
Disclaimer: The recommendations, suggestions, views and opinions of the experts are their own and do not represent the views of The Economic Times.
Disclaimer:
The information contained in this post is for general information purposes only. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.
We respect the intellectual property rights of content creators. If you are the owner of any material featured on our website and have concerns about its use, please contact us. We are committed to addressing any copyright issues promptly and will remove any material within 2 days of receiving a request from the rightful owner.